– Newgioco is a licensed gaming operator retail web-based and land-based gaming services in Italy
– The company is now eyeing the U.S. market
– Newgioco stands to benefit as more and more states in U.S. look to relax ban on sports betting
The 10-year price chart for the VanEck Vectors Gaming ETF (BJK) shows how the global gaming industry has been through ups and downs in the past decade.
Google Finance
BJK, which tracks the S-Network Global Gaming Index, saw a huge drop after the financial crisis. The drop was understandable as consumer confidence, a key driver for the gaming industry, was at its lowest point post the credit bubble burst. Interestingly, the index bounced back in 2009 itself and then saw a steady rise, peaking by the end of 2013. Now these gains were driven to a large extent by excess liquidity in the …View the full post at: Newgioco (NWGI) Betting On US For Growth …
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